In a move announced yesterday at BookExpo America, Barry Eisler has signed a trade deal with Amazon’s newest imprint Thomas & Mercer. Full details of the deal have yet to emerge, but Eisler stated that the advance was “comparable” to the trade deal he walked away from. He also stated that print royalty terms will be similar, but that he will receive “close to” 70% e-book royalties and retain creative control. He also stated that the contract was the most “author friendly” he had ever seen and that he signed straight away.
There are a lot of people getting worked up about cheap e-books. But I am here today to tell you the sky isn’t falling. Let’s rewind. When an author or publisher uploads their work to Amazon (and the rest of the e-tailers), they are free to choose the price that they sell at. With most companies, the minimum price you can sell at is 99 cents. Until recently, only a small portion of writers were choosing to sell their work at this price, mostly new writers, without an established audience, hoping to build a following. On paper, that’s a good strategy, although other writers have complained that this was a race to the bottom, and that they were being priced Read More…
In trying to piece together a snapshot of the rapidly changing publishing landscape, we have taken a look at the challenges facing the traditional houses, the rise of the digital tide, how the price of a book breaks out, piracy, and the sudden ascension of the e-book to being the #1 selling format in the U.S. Today we are going to talk about the 800 Pound Gorilla.